The mining industry is governed by the Mineral Resources Authority of
Mongolia, and different departments under it. The Mineral Law and
Subsoil Law are the apex laws for the country's mining industry. The
Mineral Law was enacted to promote economically viable mining and to
regulate mining operations such as exploration, exploitation and other
activities related to mining while the Subsoil Law is responsible for
ensuring safety in the use of minerals.

Key Highlights

The Mineral Resource Authority of Mongolia (MRAM) was established in
1997 to develop and implement policies for the mineral resources
sector, and create investment opportunities. The MRAM has different
divisions working under it.

The Geological Survey department is accountable for providing
geological information required for policies and programs concerning
research and development.

The Coal Research Division is responsible for issuing licenses for
coal exploration and mining activities. Its mission is to assist in
the drafting of state policy on the development of the coal industry,
and providing investors and clients with prompt and fair services.

The Cadastre Division is responsible for issuing licenses for mineral
exploration and mining activities.